JAMS MANAGEMENT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
JAMS MANAGEMENT
Largest movements
- Receivables within one year +€26,387
up €26,387 (+126.4%), from €20,869 to €47,256
of which Trade receivables: +€24,150
- Cash +€2,097
up €2,097 (+17.1%), from €12,236 to €14,333
mainly Net result for the year (+€28,405) and Other debts (+€5,561)
- Financial fixed assets +€1,235
new in 2025: €1,235
- Reserves +€28,405
up €28,405 (+244.6%), from €11,612 to €40,017
- Other debts +€5,561
up €5,561 (+106.1%), from €5,241 to €10,802
- Tax, wage and social debts -€4,445
down €4,445 (-30.7%), from €14,456 to €10,011
of which Taxes: -€4,445
- Trade debts -€1,065
down €1,065 (-46.5%), from €2,292 to €1,227
- Gross operating margin +€26,360
up €26,360 (+171.7%), from €15,353 to €41,713
- Taxes +€6,228
up €6,228 (+201.4%), from €3,093 to €9,322
- Other operating charges +€1,025
up €1,025 (+269.5%), from €380 to €1,405
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,600 | €63,296 | +€28,695 | +82.9% |
| Formation expenses | 20 | €495 | €0 | -€495 | -100.0% |
| Fixed assets | 21/28 | - | €1,235 | +€1,235 | |
| Financial fixed assets | 28 | - | €1,235 | +€1,235 | |
| Current assets | 29/58 | €34,105 | €62,061 | +€27,956 | +82.0% |
| Amounts receivable within one year | 40/41 | €20,869 | €47,256 | +€26,387 | +126.4% |
| Trade receivables | 40 | €20,428 | €44,577 | +€24,150 | +118.2% |
| Other amounts receivable | 41 | €442 | €2,678 | +€2,237 | +506.5% |
| Cash at bank and in hand | 54/58 | €12,236 | €14,333 | +€2,097 | +17.1% |
| Deferred charges and accrued income | 490/1 | €1,000 | €472 | -€528 | -52.8% |
| Total equity and liabilities | 10/49 | €34,600 | €63,296 | +€28,695 | +82.9% |
| Equity | 10/15 | €12,612 | €41,017 | +€28,405 | +225.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €11,612 | €40,017 | +€28,405 | +244.6% |
| Distributable reserves | 133 | €11,612 | €40,017 | +€28,405 | +244.6% |
| Amounts payable | 17/49 | €21,988 | €22,279 | +€290 | +1.3% |
| Amounts payable within one year | 42/48 | €21,988 | €22,040 | +€52 | +0.2% |
| Trade debts | 44 | €2,292 | €1,227 | -€1,065 | -46.5% |
| Suppliers | 440/4 | €2,292 | €1,227 | -€1,065 | -46.5% |
| Taxes, remuneration and social security | 45 | €14,456 | €10,011 | -€4,445 | -30.7% |
| Taxes | 450/3 | €11,206 | €6,761 | -€4,445 | -39.7% |
| Remuneration and social security | 454/9 | €3,250 | €3,250 | = | 0.0% |
| Other amounts payable | 47/48 | €5,241 | €10,802 | +€5,561 | +106.1% |
| Accrued charges and deferred income | 492/3 | - | €239 | +€239 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160 | €495 | +€336 | +210.1% |
| Other operating charges | 640/8 | €380 | €1,405 | +€1,025 | +269.5% |
| Non-recurring operating charges | 66A | - | €1,675 | +€1,675 | |
| Gross operating margin | 9900 | €15,353 | €41,713 | +€26,360 | +171.7% |
| Operating profit (loss) | 9901 | €14,813 | €38,137 | +€23,325 | +157.5% |
| Financial charges | 65/66B | €108 | €411 | +€303 | +280.3% |
| Recurring financial charges | 65 | €108 | €411 | +€303 | +280.3% |
| Profit (loss) for the period before taxes | 9903 | €14,705 | €37,727 | +€23,022 | +156.6% |
| Income taxes | 67/77 | €3,093 | €9,322 | +€6,228 | +201.4% |
| Profit (loss) for the period | 9904 | €11,612 | €28,405 | +€16,794 | +144.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,612 | €28,405 | +€16,794 | +144.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.